AfroEconomics #67: Reparations for slavery has been paid

Did you know that reparations for slavery has already been paid – but it was to slave owners not the slaves. That’s just a bit of the surprising Black history facts in this podcast. On April 16, 1862, more than eight months before he issued his Emancipation Proclamation, Abraham Lincoln signed a bill ending slavery in the District of Columbia. It provided for immediate emancipation of slaves and compensation to slave owners loyal to the Union of up to $300 for each freed slave. This podcast will help you understand the wealth gap that still exists today.